This benefit is provided free of charge to all eligible employees. Enrollment is automatic with enrollment in a state health insurance program for active employees.
Optional life premiums are determined by your age and the amount of insurance you select. Active employees can pay premiums before taxes thru MoneyPlu$.
Dependent Life Insurance:
Dependent Life Spouse Insurance - If you are currently enrolled in Optional Life, you may cover your spouse in increments of $10,000 for up to 50% of your Optional Life coverage or $100,000, whichever is less. (Coverage over $20,000 will require medical evidence of good health.) If you are not enrolled in Optional Life, you may cover your spouse for $10,000 or $20,000. Premiums are the same as Optional Life premiums, which are based on the employee’s age.
Dependent Life Child Insurance - You can cover your eligible dependent children older than 14 days, but younger than 19, or age 25, if enrolled as a full-time student. The monthly premium for Dependent Life Child coverage is $1.10 per month, regardless of the number children covered.